GBPUSD looks good for a short as well.

FX:GBPUSD   British Pound / U.S. Dollar
67 1 3
Decent level with the 50% fib smack bang on the level.. D1 bias as well.

However, I will wait and see what happens with the Aussie trade. It's basically the same play; USD strength.


Do not take 6 different trades that are highly correlated. You will get your ass handed to you if the play goes wrong.
If price can get to my level today, there is a decent chance of me going short. Price will have moved above its daily average range in pips and mean reversion will probably happen. I will wait and see what happens. Have a nice day everyone!
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